$FDUSD Update: Stability Confirmed Amidst Market Volatility
First Digital USD (
$FDUSD$ bold cap F bold cap D bold cap U bold cap S bold cap D
$š šššš) is demonstrating robust stability, trading precisely at
$0.9975$ 0.9975
$š.šššš with minimal 24-hour fluctuation (
-0.02%negative 0.02 %
āš.šš%), as shown in the provided chart. As a fully USD-backed stablecoin operating under Hong Kong's regulatory framework, FDUSD serves as a critical safe haven asset during broader crypto market volatility.
Key Metrics & Technicals:
Price:
$0.9975$ 0.9975
$š.šššš (maintaining a near 1:1 peg)24h Change:
-0.02%negative 0.02 %
ā0.02%24h Volume (FDUSD): Over
183M183 bold cap M
šššš traded, indicating healthy liquidity.Technical Outlook: The price action is consistently hovering around the MA(7) at
0.99690.9969
0.9969 and MA(25) at
0.99710.9971
0.9971. This tight range, along with significant daily volume, suggests a highly efficient arbitrage mechanism ensuring the peg remains intact.
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